2011-02-22 — ml-implode.com
``JP Morgan Chase & Co., Bank of America Corp., and Wells Fargo & Co. are the largest holders of option-ARM loans. Analysts at JPMorgan Chase & Co, developed a model to predict the percentage of remaining option-ARM loans that will default, which is 70 percent. While a significant portion of the problems have been “de-fused†by the Fed’s extremely low interest rates, this shows there is a significant threat remaining.''
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